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Author Topic: Can Bitcoin End World Poverty?  (Read 62992 times)
YzzyGo
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February 13, 2018, 01:31:00 AM
 #2661

I don't think it is far-fetched. If we get taxed for our bitcoin transactions and we give it to the government, they can spend it on works for the poor but only in terms of shelter, food and education. I don't like spoon feeding them as it promotes laziness. Just the basic needs to start in life.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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potzpotz
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February 13, 2018, 01:47:41 AM
 #2662

Not totally  because  not all have a interest or knowledge about  bitcoin,it can help to those who are knowledgeable  to it
olia10
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February 13, 2018, 03:12:57 AM
 #2663

The world has never been as rich as it is today. Against this background, the backwardness of the international financial system cuts eyes ever more. However, should I tell you what opportunities this opens up: from the bottom, the movement is only up.

babarian
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February 13, 2018, 03:26:54 AM
 #2664

bitcoin is not a god that can make the poor become rich instantly but if people are willing to try to use bitcoin, then bitcoin can change their lives towards better
freakcoins
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February 13, 2018, 03:46:15 AM
 #2665

Well it not just easy as that, it should have process to begin with and and the main is to educate the whole world about bitcoin. It's not also TVc that the whole world will embrace bitcoin because not all of us is the same way of thinking. Many will favor but much will hate but for them to better understand that bitcoin would really end world poverty they must first understand what it means and its goal.
Exactly its hard to convince people and not all will truly listen and have the interest to use this bitcoin, we have to conduct programs/meetings to those people who are not been educated in bitcoin, it is very risky in joining this kind of commodity.,and i think btc will not the only way to ends worlds poverty, its in our oneself is the only way if we want to be a succesful and thats through our hardwork and strategies in life.
caseback
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February 13, 2018, 03:58:29 AM
 #2666

I really think it will not entirely end poverty, because if a person does not have such knowledge in such feat I think it is very impossible for someone to just invest in bitcoin and hope it will take a leap up then boom your investment will automatically just make you a billionaire, It will really take a serious teachings to someone to really understand bitcoin, well a 12 year old become a billionaire because of bitcoin because he has skill and knowledge with it, but for a country to get up to poverty I think poverty will never end even in the richest and largest countries will always have poverty.
Exactly i agree with you it is not easy that through bitcoin every nations will decrease each poverty,.theyre always be poverty if theyre still lazy and not having the interest to join.,its in our oneself only if we want to be more better so that each one country poverty will be lessen.
coinxwife
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February 13, 2018, 04:37:55 AM
 #2667

I think it depends on the situation. Bitcoin can only end the poverty of those who knows bitcoin,but those who dont know anything about bitcoin, they are always in poverty in thier entire life like on some places were technology have no room.
I agree not all knows about btc and not all are educated how can they understand the functions and its very difficult at first we all know that.,its in within if we want to have a better life through our hardwork.
alexford
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February 13, 2018, 04:47:38 AM
 #2668

Can't say that bitcoin end world poverty, maybe it can help others but not all. The way to end poverty is by giving, if all of us or I mean all riches people gathered and all poor gathered and the group of riches gave their some wealth to the group of poor. Maybe it ends poverty. In the case of bitcoin, bitcoin is not yet introduce to all poor. so how it aids them.? right?

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MMS2017
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February 13, 2018, 04:51:07 AM
 #2669

I think bitcoin is improving the world situation in a sense that bitcoin and the other crypto are good and providing the best to the world population as we know that due to over population the people are not getting jobs so when the jobs in the companies and private sector are not fulfilling the people needs so bitcoin is also providing a good job to those who are in panic and those who have skills they can earn good salary from this.

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kuruyama
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February 13, 2018, 06:13:46 AM
 #2670

I think bitcoin and other cryptocurrency might will or might can change the world by decreasing poverty level im a country, as long as people and more people will be into bitcoin and be interested with it. As long as many people will be taught to earn bounties by joining bounties provided in this forum. People will and can generate money then and this might support their financial needs
Watashi Yamashita
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February 13, 2018, 06:22:21 AM
 #2671

I don't think so, although we can say that bitcoin is already very powerful still its power would not be enough to end the whole world's poverty. As long as there are people who does not do anything to escape poverty, world poverty will not surely end. We cannot rely our future with bitcoin instead we should just hope that bitcoin would get better in the future.

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Natsuu
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February 18, 2018, 03:09:50 PM
 #2672

All i can say now is btc lessened world poverty. Btc can end world poverty but theres alot or problem at the first place. First poor people cant afford to buy smart phones to use as a tool for enetering btc. Internet, not all country has a free interenet and not all people can afford to have internet to start bitcoining. 

lelylely
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February 18, 2018, 03:48:43 PM
 #2673


I see bitcoin as a currency like fiat currency in the real world. I think money will only end the poverty that has it and make it richer. I do not think bitcoin will end world poverty.

Tuyul Gupies
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February 18, 2018, 03:59:21 PM
 #2674

bitcoin will reduce the poverty that exists in this world until it ends well. everyone is entitled to his or her success as they choose to work. bitcoin will open up everything it needs to change its life better and become a person who will invite to get success in the future. and for them to end poverty by using bitcoin they need literacy to do it.
Ann Impas
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February 18, 2018, 04:17:56 PM
 #2675

Bitcoin will not end world poverty in my opinion. But I'm sure it is one area that could help a lot of people as it does required any formal education in order to engage in this area. It doesn't limit anyone to reach their full potential with regards to crypto world ways to earn.
Wolfwar
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February 18, 2018, 05:47:14 PM
 #2676

Bitcoin will not end world poverty in my opinion. But I'm sure it is one area that could help a lot of people as it does required any formal education in order to engage in this area. It doesn't limit anyone to reach their full potential with regards to crypto world ways to earn.
in general, bitcoin can not overcome world poverty, but to fix the financial possibilities of personally identified people, it is impossible. The fact is that today this is exactly what is happening, judging by a certain excitement around taken.
QueenEde
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February 18, 2018, 06:50:56 PM
 #2677

At least its generating income opportunities to many of us 😁
Dragon5
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February 18, 2018, 07:56:48 PM
 #2678

bitcoin will reduce the poverty that exists in this world until it ends well. everyone is entitled to his or her success as they choose to work. bitcoin will open up everything it needs to change its life better and become a person who will invite to get success in the future. and for them to end poverty by using bitcoin they need literacy to do it.

I think, nothing can end poverty in general, as goods are divided disproportionately in the world. With Bitcoin or not the problem cannot be solved. Only determination, constant endeavor, enthusiasm and good luck can help, but, unfortunately, most of the people cannot manage that
Akupuniard
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February 18, 2018, 09:16:27 PM
 #2679

World poverty causing not because of currencies and other stuff. We getting those problems because of corruption and laziness of people all the time.

Raufjoze
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February 19, 2018, 04:44:52 AM
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 #2680

bitcoin has great influence for everyone, I'm sure if everyone has a desire to learn bitcoin, then poverty in this world will decrease. because with bitcoin everyone can participate into it. without any requirement, unlike applying for a job in a company.

Bitcoin or any currency will not end such a thing just because it is profitable, people get a big profit from investing into Bitcoin but still, it will not solve the problem with respect to world poverty. The only solution to this is unity. And it will start with the people themselves.
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